COVID-19: NJ Lawmakers Advance Revised 2021 Fiscal Budget – newjerseynewsnetwork.com

One item that did not make the new budget proposal was Gov. Phil Murphy’s baby-bond plan that would have given $1,000 to babies born in New Jersey starting Jan. 1. The budget also omits many fees and tax increases proposed by Gov. Murphy, but does include higher taxes on corporations, select health care insurers and millionaires.